Friday, June 11, 2010

How Much is the World Cup Worth...?

The FIFA World Cup trophy contains 11 pounds (6,175 grams) of 18 karat gold, which equates to 4,927 grams of pure gold. Today's spot price for gold is $1,226.50 per troy ounce, and since a troy ounce is equal to 31.1034768 grams, it follows that the current intrinsic value of the trophy is $194,285.85 ([4,927 / 31.1034768] * 1,226.50). However, I suspect that the various national teams now competing for the trophy in South Africa would probably pay a premium for this chunk of gold!


Source: FIFA Trophies

4 comments:

Anonymous said...

alot of money!
but the green strips at the bottom are made of malaquite- also very expensive!

Dr William J McKibbin said...

Hi Anonymous, thanks for your comment and observation about the mineral malachite, which indeed has a rich history, but is not really considered a precious stone. More at:

http://en.wikipedia.org/wiki/Malachite

The real question is what value the winners place on holding the World Cup -- probably considerably more than the trophy's intrinsic value.

Thanks again...

Josh said...

Its intrinsic value is interesting, but what I'd really like to know, is how much it would sell for in an auction! Several million I would expect!

Anonymous said...

no one can auction my world trophy!

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